No matter where you are, strength is the last word.
According to the professional ranking of "The World Banker" in the first half of 2003;
Citibank of the United States ranks first with tier one capital of US$79.4 billion, fourth with assets under management of US$1.49 trillion, and first in the overall ranking.
HSBC ranked second with Tier 1 capital of US$74.4 billion, and assets under management of US$1.51 trillion, ranking third, ranking second overall.
Bank of America ranked third with Tier 1 capital of US$74 billion, assets under management of US$1.22 trillion, fifth, and third overall.
**** Bank ranks fourth with tier-one capital of US$72.1 billion, first with assets under management of US$1.95 trillion, and fourth overall.
Bank of Tokyo-Mitsubishi UFJ ranks fifth with tier one capital of US$59.2 billion, second with assets under management of US$1.56 trillion, and fifth overall.
on this questionnaire
The world's largest banks, ranked first, second, third, and fourth, are not far behind each other. American banks take the lead with their strong strength, occupying three of the top five places, replacing the former world's No. 1 bank.
Bank of Tokyo-Mitsubishi UFJ moved into fifth place.
HSBC is conquering cities in Europe, and several other major US-funded banks are not idle either. The game of big fish eating small fish has been going on.
In the year and a half since 2002 alone, there have been 27 mergers and acquisitions worth more than US$1 billion, promoting the reorganization of the world's financial landscape.
UBS Group ranks 18th in the world, lower than the three major banks China Construction Bank, China Construction Bank and China Construction Bank.
This shows that financial forces from China are quietly rising and entering the ranks of top players in the financial circle.
The ranking of core tier-1 capital in the banking industry is the most scientific, supplemented by professional data such as capital asset ratio, pre-tax profit, return on assets, cost-to-income ratio, non-performing loan ratio, etc., which can clearly show the performance of large multinational banks.
actual competitiveness.
That is to say
Although UBS Group can compete with HSBC for hegemony in Europe, in fact, its investment banking business in the United States accounts for a large proportion, and almost half of it belongs to American banks.
UBS Group's fatness is not strength, and there is too much financial speculation.
The actual scale and strength of bank operations have been far behind HSBC, forming a pattern of misaligned competition.
In a series of financial businesses related to the bank itself, HSBC is far ahead. In the field of investment banking, UBS Group stands out and has almost no rivals in Europe.
As HSBC steadily advances its financial business in Europe, this gap will become wider and wider.
Because HSBC is a global bank, while deploying in Europe, it also appropriately strengthens the weak links in the North American and Asian markets, taking into account the African and South American markets, forming a complete global system.
Among them
The entire Southeast Asia and China region, centered on Hong Kong, is the home base of HSBC, accounting for 37.2% of the entire revenue, making it the most important.
In North America, including the Canadian market, the dense banking network from the east coast to the west coast contributed 27.6% of revenue, demonstrating the strong market space in North America and being able to nurture more than a dozen world-class banks.
The European region contributed 18.5% of revenue, South America accounted for 6.34%, and the rest was contributed by branch banks in West Asia, Africa, and Oceania.
In HSBC's plan, the fertile European continent is the next key development target.
In the eyes of Wall Streeters, Europe is synonymous with being conservative and rigid, and is dubbed "Old Europe."
It is far behind the new wave of the Internet high-tech era and new economic innovation, and is like an old grandmother.
But in Wang Yaocheng’s eyes;
The entire European continent is a fertile land with steady development and a land of treasures to be developed. It is the anchor for the stable development of the entire consortium and HSBC Bank, and is an indispensable and important market in the global layout.
If we say that the American asset section of the consortium is biased toward radicalism and the virtual economy.
Mainland China and Southeast Asia's assets focus on industry, so European assets are benign assets that combine the virtual economy and industry and have a good balance.
HSBC merged with Fortis Bank Paris and Bayerischer Bank in Germany, completing the comprehensive integration in just over two months and regaining its vitality.
It can be seen from this that the high quality of European financial practitioners, these local medium-sized banks have maintained humaneness and high efficiency in operation and management, and have a consistent and stable operating style, and their professionalism is very convincing.
In all aspects, these European banks have almost done their best. After reintegration, apart from changing their brands, there is almost nothing to criticize.
Cedar Manor
When Huaxia School started in September, the grandparents led a large group of troops to fly to Huaizhou thousands of miles away by special plane. Without the laughter and laughter of the children, Cedar Manor instantly became deserted.
The only one left is Julia Roberts, who now also serves as a director of DreamWorks and has a lot of business to deal with in Europe.
The only one left is Cai Linlin, who has already gone to Scotland. Cai Linlin has always been interested in antiques, calligraphy and paintings. The heir to the family of collector William Blair is selling the Lake Vine Castle estate in Glasgow, Scotland. This is a big deal.
The two parties have already reached an advanced level of negotiation, and she is here just to finalize the final contract.
Deputy Director Liu Shoutian and art consultant Mr. Ma Weidu then flew to Scotland more than ten times and hired relevant European and American experts to make careful appraisals. After less than half a year, they finally negotiated this major deal and just had to write the final check.
The art collection collected by the William Blair family is of high value, with a total of more than 3,800 pieces. All of them have been registered, valued, and properly kept. Among them, there are more than 1,000 fine Chinese cultural relics, accounting for 1% of the total.
/3.
At first, the heir to the William Blair family was very aggressive, asking for a price of US$450 million, of which Lake Vine Castle Manor was valued at US$20 million.
The art group did not agree to the other party's excessive demands. Instead, it proposed a reasonable strategy of valuing first and then negotiating. The collection was valued one by one by cultural relic experts recognized by both parties, and the final sum was $268 million.
On this basis, after several rounds of negotiations, a total price of US$212 million was finally agreed upon for all products, including Huteng Castle Manor.
According to art consultant Ma Weidu privately;
These more than 1,000 fine Chinese cultural relics alone are worth no less than 400 million U.S. dollars according to the current market value, and a Yuan blue and white Guiguzi go down the mountain jar is worth no less than 30 million U.S. dollars.
The price evaluated by the Chinese cultural relics team is only 3 million, and there are more than a dozen similar complete Yuan blue and white porcelains. This batch of precious ancient Chinese cultural relics is of immeasurable value.
The biggest feature of Yuan blue and white porcelain, the Sumali blue material, is very obvious in these jars. Most of them are precious cultural relics lost in the late Qing Dynasty. They have been preserved in the Lake Vine Castle Manor in Scotland for more than 100 years and are in very good condition.
.
In fact, Ma Weidu still said it was too little.
A Yuan blue and white Guiguzi Xiashan jar participated in the 2005 Christie's Chinese Porcelain Special Auction in London and was sold for 14 million pounds. After adding commission, it was 15.68 million pounds, about 230 million yuan. According to the realistic price comparison, you can buy two tons.
gold.
"...Well, okay, if you are willing to stay there, please stay for a while. I happen to be going to Germany in the past two days. I have encountered some troubles in a merger and acquisition case of Geli Company, and I need to deal with it myself. Okay.
...Okay...that's it."
Wang Yaocheng put down the phone in his hand, smiled at Julia Roberts and said;
"Linlin has completed the transaction there, but there are too many exquisite cultural relics that attracted her, from ancient Rome to Byzantium, from Greek civilization to Chinese civilization, so Linlin decided to stay for a while at Lake Vine Castle Manor in Scotland.
, study it with great concentration.”
"Wow! That's great. I'll go there when I have time to appreciate the beauty of cultural heritage."
"Linlin will definitely be very happy when she finally finds someone with similar interests."
Wang Yaocheng spread his hands helplessly and said, "Julia, it's a pity that I have too many things to deal with and can't accompany you. I suggest that you and Linlin go shopping for old British houses. British
Most of them are born in the year of the Mole, and they may find unexpected surprises. Exploring secrets and wonders is a very good leisure activity.”
"But... we don't understand the true value of cultural relics." Julia Roberts was a little distressed.
"Hey, there is a master in the field of cultural relics in Scotland. You can ask him for help. This man is called Ma Weidu. His sense of smell for cultural relics is as sharp as a dog's nose. This is not to belittle him but to praise him."
"That's no problem."
Julia Roberts hugged one of Wang Yaocheng's arms closely, her long blond hair hanging down looked bright and charming, and her big blue eyes were simply captivating.
Wang Yaocheng subconsciously lowered his head to do something evil, but was blocked by Julia Roberts's slender and smooth fingers; "Dear, no... I want to talk about DreamWorks."
"We can talk later, it won't delay anything."
"No."
Seeing Julia Roberts' insistence, Wang Yaocheng could only sit up straight and raise his hands to beg for mercy; "OK, let's talk, where do we start?"
"I have read the financial statements of DreamWorks. The performance in the past two years has been quite bad. I want to know what you are thinking and how you plan to treat DreamWorks?"
Wang Yaocheng pondered for a moment and said;
"One monk carries water to eat, two monks carry water to eat, and three monks have no water to eat. The current situation of DreamWorks cannot continue. It is just a question of whether to die tomorrow or the day after tomorrow. Here, the industry's elites gather together.
But no one wants to contribute to DreamWorks and everyone is just sitting back and enjoying the benefits, of course, including me."
His brazen words made Julia Roberts chuckle and said;
"You still have the nerve to say that the other three founders of DreamWorks are very angry with you. Seeing that the market value of Marvel Animation has gone up to 100 billion, DreamWorks is now half-dead, and they all blame you for only caring about your own piece of business.
Son, there is no spirit of helping each other in the same boat."
No one is stupid, and Wang Yaocheng is even less stupid. On the contrary, he is smarter than a monkey with hair on his head.
After Spielberg introduced strategic investors, his equity in DreamWorks was only 26.6%, and even if he made money, he could only get 1/4.
Wang Yaocheng owns more than 80% of the equity of Marvel Animation. Marvel Entertainment Pictures is a wholly-owned subsidiary of Marvel Animation and can enjoy most of the profits.
How to choose is self-evident.
"Oh, you can't blame me. What's more, the Marvel animation IP itself is of huge value and is an inexhaustible treasure. Wall Street values it at a premium, and Marvel Entertainment Film Company is not that valuable."
Wang Yaocheng pushed it all away and retorted: "Everyone of them is having sex together outside. This is called sharing the same bed with different dreams.
Spielberg has made many films for Universal Pictures, Warner Bros., and Paramount over the years. Not only does he receive the world's top director's salary, but he also participates in the film's dividends and earns a lot of money.
DreamWorks CEO Jeffrey Katzenberg is not a good person either. He runs his own animation department, which cannot be penetrated by others. It is like an independent kingdom.
And there is Schwarzenegger, a top Hollywood actor who, instead of pursuing a great career, wears a tie to talk politics and runs for governor of California. This is simply deviant.
The most irritating thing is that gay David Geffen, who owns more than a dozen famous music labels and popular music artists signed with big names. Not only does he make money, but he also has unspoken rules and puts those handsome young people to work.
Milk dog...
Forget it, let’s not talk anymore, I feel so tired.”
"Hahaha……"
It’s so fun!
Julia Roberts was so amused by him that she couldn't stop laughing.
Speaking of the five founders of DreamWorks, none of them really focused on running a film company. Everyone's career was prosperous, but no one focused on running DreamWorks. Only if DreamWorks can develop can
Strangely enough, the current tragic situation is the most realistic outcome.
As an independent production company, everyone knows the plight of DreamWorks.
It is not difficult to make a hit movie, but it is difficult to make other movies to be hits too. Obviously this is completely impossible, and this is the dilemma of DreamWorks.
From two thousand years ago to the present, except for the popular American version of "Saving Private Ryan" and "The Ring", the films produced by DreamWorks have rarely been successful, and most of them have suffered losses.
This is not a problem for large media groups, such as Disney.
If a live-action film company loses money, it will still have animation films. If a cartoon film company will lose money, it will have Disneyland, as well as entertainment and animation channels across the United States. It will also extend to the clothing and props value chain, and there will be many other profitable projects to support it.
The independent production company is not good. Once the three films suffered losses, they were in dire straits. Banks saw the risks and were unwilling to lend money. Investors had different ideas and had great fun.
This was the case with New Line Cinema, which was eventually sold to Time Warner. As a result, the studio's boss, Shea, lived without any dignity. Turner would take it out on him when he failed to invest, and he was scolded for doubting himself.
In the past two years, most of the films produced by DreamWorks have suffered losses and have fallen into a state of stagnation. It is really like three monks who have nothing to eat.